EU fines Altice $153 million for closing PT Portugal deal early

The European Commission said on Tuesday it had fined French telecoms group Altice (ATCA.AS) 125 million euros ($153 million) for closing its 2015 takeover of PT Portugal before it had gained regulatory approval.
The European antitrust enforcer said such gun jumping practices undermine its system for scrutinizing mergers.

EU fines Altice $153 million for closing PT Portugal deal early

eu fines pt portugal